Sec Form 3 Filing - EAKER ANDREW JAMES @ UNIFI INC - 2023-08-25

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
EAKER ANDREW JAMES
2. Issuer Name and Ticker or Trading Symbol
UNIFI INC [ UFI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Interim CFO
(Last) (First) (Middle)
7201 WEST FRIENDLY AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
08/25/2023
(Street)
GREENSBORO, NC27410
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 7,220 ( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 29.09 ( 2 ) 10/26/2026 Common Stock 4,000 D
Employee Stock Option (Right to Buy) $ 35.09 ( 3 ) 03/01/2028 Common Stock 1,154 D
Employee Stock Option (Right to Buy) $ 23.76 ( 4 ) 10/30/2028 Common Stock 2,000 D
Employee Stock Option (Right to Buy) $ 25.72 ( 5 ) 10/29/2029 Common Stock 2,500 D
Employee Stock Option (Right to Buy) $ 15.91 ( 6 ) 10/28/2030 Common Stock 3,168 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
EAKER ANDREW JAMES
7201 WEST FRIENDLY AVENUE
GREENSBORO, NC27410
Interim CFO
Signatures
/s/ GREGORY K. SIGMON, attorney-in-fact 08/30/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes an aggregate of 5,025 restricted stock units, as follows: (i) 263 restricted stock units will vest on October 26, 2023, 672 restricted stock units will vest on October 28, 2023, and 526 restricted stock units will vest on October 26, 2024 and (ii) 3,564 restricted stock units will vest over a three-year period, with 25% vesting on December 21, 2023, 25% vesting on November 21, 2024, and 50% vesting on November 21, 2025. Each restricted stock unit represents a right to receive one share of the issuer's common stock.
( 2 )The option became exercisable as to 1,334 shares on October 26, 2017, 1,334 shares on October 26, 2018, and 1,332 shares on October 26, 2019.
( 3 )The option became exercisable as to 289 shares on March 1, 2019, 289 shares on March 1, 2020, and 576 shares on March 1, 2021.
( 4 )The option became exercisable as to 500 shares on October 30, 2019, 500 shares on October 30, 2020, and 1,000 shares on October 30, 2021.
( 5 )The option became exercisable as to 625 shares on October 29, 2020, 625 shares on October 29, 2021, and 1,250 shares on October 29, 2022.
( 6 )The option became exercisable as to 792 shares on October 28, 2021 and 792 shares on October 28, 2022, and the option becomes exercisable as to 1,584 shares on October 28, 2023.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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